a Mexican horseman or cowboy, typically one wearing an elaborate outfit, often with silver decorations, of tight trousers, ruffled shirt, short jacket, and sombrero. Origin of charro.
These are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.Richard earns $300,000 in 2011 while Mary earns $100,000.hese are only a few of the restrictions on contributions for qualified benefit plans. NQDC plans allow you to provide deferred compensation to your employees in excess of these qualified plan limits.Example(s): Richard and Mary work at BCD Corporation.
Signing up for a deferred-compensation plan postpones part of your pay, possibly for years. If you've earned your way into an upper tax bracket, deferring pay until retirement cuts your tax bill because you have less income to report. The money grows tax-free, but you pay income taxes when you withdraw it.isks of Compensation. You don't pay taxes on the money in a deferred-compensation plan because it isn't really yours yet. Because it still belongs to your employer, it's vulnerable to creditors, just like the company's other assets.